U.S. consumer bankruptcy filings reached 126,434 in July, the highest monthly total since BAPCPA was implemented in October 2005, according to the American Bankruptcy Institute.  The July 2009 consumer filing total, comprised primarily of chapter 7 and chapter 13 bankruptcy filings, represents a 34.3 percent increase from July 2008.  It also reflects an 8.7 percent increase from June 2009.  Rising unemployment combined with pre-existing debt continue to push many families and individuals into bankruptcy. 

If you are facing financial difficulty, or are looking for a bankruptcy attorney in Arizona, please visit our website at www.mcguiregardner.com, or www.bankruptcylawyeraz.com